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Florida, Local Housing Market Continue Positive Growth
November 21, 2013
Florida’s housing market continued its upswing in October 2013, as did local Escambia and Santa Rosa county single home sales, according to Florida Realtors.
Statewide closed sales of existing single-family homes totaled 18,728 in October, up 6.5 percent compared to the year-ago figure. Closed sales typically occur 30 to 90 days after sales contracts are written.
In Escambia and Santa Rosa counties, sales of single family homes were up 6.2% over last year with 477 sold at an average price of $152,000. Overall, single family home sales are up 8.6% locally over last year. Sales of condos and townhouses are down overall by 25% this year compared to last.
Image courtesy Florida Realtors for NorthEscambia.com, click to enlarge.
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